RAILWAY FINANCE.
♦ BETTERMENT TAX PROPOSED. V By TclcsraDh—l'res3 Association—OonyrieWf (Roc. May 10, 0.45 a.ip.) Sydney, May 9. Tho Chief Commissioner of Railways/ in giving evidcnco before the Publicj Works Committee, suggested that a befc-l torment tax should ho levied by whichJ. part of the enhanced value of the land' served by tho railways should be obtain* ed for the State and devoted to the iw duction of the capital cost of the rail* ways. ■ I He also suggested that tho railway? should bo credited with the increased reJ. venue derived from the sale of Crown' lands through which a railway passed, VICTORIAN REVENUE. , (Kcc. May 10, 1.5 a.to.) Melbourne, May 9. > The State railway revenue for the .past; ten months is X3i3,000 above that for th«. same period of last year.
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Dominion, Volume 4, Issue 1123, 10 May 1911, Page 5
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131RAILWAY FINANCE. Dominion, Volume 4, Issue 1123, 10 May 1911, Page 5
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